I see alot of rampers on here, does anyone know any facts? All the mms do is play with this share, look at the spreads, thinking of buying when it goes back to .45 then a rise to 1ish, good luck to you long termers.
Good question I wouldn't rule anything out after all this is aim anything is possible here as you say same area tons of resource in demand in Tanzania all looking rosy mcap of just 5 mil this should be heading for the stars but many aim stocks way down now a good time to buy imo 2015 the year for edl to shine 1p for me please.at least.
I know this is a shot in the dark question. If kibo have found and got gas coal. In the same place and Rukwa Tanzania EDL , does it look like we could be in partnership with them. Or possible buy out of our resourse. Or am I talking tripe
Been a long term holder of EDL and also watching KIBO progress with interest. I can understand the frustrations of all those holding here, but really see a big year ahead for EDL next year. The pieces of the jigsaw appear to be slowly coming together, only time will tell whether all the pieces are in the box!
Market Cap of below £5M seems cheap given the potential here, especially when compared to KIBO. Even with some fag packet calculations there is a massive upside if the BOD can pull this one off. The resource is there, the infrastructure is coming, surely a partner and power station are now to follow. If it all falls into place EDL will be sitting on a bit more than 174MT of coal! The question is, what price for potential?
It won't happen over night, but if it does pay day is coming IMO. Patience is a virtue and at these prices I am loading up and going long.
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